Miller Industries Stock

Miller Industries Dividend 2024

Miller Industries Dividend

0.72 USD

Miller Industries Dividend yield

1.26 %

Ticker

MLR

ISIN

US6005512040

WKN

899083

How much dividend does Miller Industries 2024 pay?

According to the latest status from September 2024, Miller Industries paid a total of 0.72 USD per share in dividends within the last 12 months. With the current Miller Industries price of 57.33 USD, this corresponds to a dividend yield of 1.26 %. A dividend is paid times per year.

1.26 % Dividend Yield=
0.72 USD Dividend
57.33 USD Stock Price

Historical Miller Industries Dividends

A dividend is paid times per year. Last year, the payout months were January, April, July and October.

PaydateDividend
10/9/20240.19
7/3/20240.19
4/15/20240.19
1/1/20240.18
10/1/20230.18
7/2/20230.18
4/17/20230.18
1/2/20230.18
10/1/20220.18
7/3/20220.18
4/18/20220.18
1/3/20220.18
10/2/20210.18
7/4/20210.18
4/12/20210.18
1/4/20210.18
10/3/20200.18
7/5/20200.18
4/13/20200.18
1/6/20200.18
1
2
3

Miller Industries dividend history and estimates

In 2023, Miller Industries paid a dividend amounting to 0.72 USD. Dividend means that Miller Industries distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details

Dividend

Dividend Overview

The dividend per year chart for Miller Industries provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Miller Industries’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Miller Industries's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Miller Industries Dividend History

DateMiller Industries Dividend
2026e0.75 undefined
2025e0.75 undefined
2024e0.75 undefined
20230.72 undefined
20220.72 undefined
20210.72 undefined
20200.72 undefined
20190.72 undefined
20180.72 undefined
20170.72 undefined
20160.68 undefined
20150.64 undefined
20140.6 undefined
20130.7 undefined
20120.52 undefined
20110.48 undefined
20100.1 undefined

Is the Miller Industries Dividend Safe?

Miller Industries has been increasing the dividend for 1 years.

Over the past 10 years, Miller Industries has increased it by an annual 0.282 %.

Over a five-year period, the distribution increased by 0%.

Analysts expect a Dividend Increase of 1.933% for the current fiscal year.

Miller Industries dividend payout ratio

In 2023, Miller Industries had a payout ratio of 39.54%. The payout ratio indicates the percentage of the company's profits that Miller Industries distributes as dividends.
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Payout ratio
Details

Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Miller Industries represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Miller Industries could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Miller Industries's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Miller Industries Payout Ratio History

DateMiller Industries Payout ratio
2026e41.43 %
2025e41.19 %
2024e43.57 %
202339.54 %
202240.45 %
202150.7 %
202027.48 %
201920.99 %
201824.41 %
201735.82 %
201638.86 %
201545.39 %
201445.8 %
201385.37 %
201264.2 %
201125 %
201010.42 %
200939.54 %
200839.54 %
200739.54 %
200639.54 %
200539.54 %
200439.54 %

Dividend Details

Understanding Miller Industries's Dividend Distributions

Miller Industries’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Miller Industries's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Miller Industries's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Miller Industries’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Miller Industries Aktienanalyse

What does Miller Industries do?

Miller Industries Inc is a US company specializing in the manufacturing of tow trucks and other specialized vehicles. The company is headquartered in Ooltewah, Tennessee and was initially known as Miller Industries Towing Equipment Inc. The company was founded in 1990 by Bill and Carol Miller. Founder Bill Miller had previously worked in the towing industry and recognized the need to produce vehicles specifically tailored to the needs of this industry. Miller Industries' first product was the "Century 10 Series" tow truck. Since its founding, the company has continuously evolved and is now one of the world's leading manufacturers of tow trucks and specialized vehicles. The company employs over 1000 employees and operates manufacturing facilities in the USA and Europe. Miller Industries' business model is based on the development and production of high-quality and reliable tow trucks and other specialized vehicles. The company specializes in the production of rollbacks, heavy-duty trucks, and heavy-duty tow trucks. Miller Industries works closely with its customers to develop customized solutions for their needs. The company also offers repair and maintenance services. Miller Industries' product range includes various models of tow trucks and specialized vehicles. These include platform tow trucks, carrier vehicles, and rollbacks. In addition, the company also produces specialized vehicles for the transportation of airplanes and boats, as well as truck bodies. Each vehicle is individually configured according to the customer's requirements and can be equipped with a variety of special features. A significant sector of Miller Industries is the sale of its products to government agencies and military organizations worldwide. The company has a long tradition of working with law enforcement and rescue services. Sales to these organizations account for a significant portion of Miller Industries' revenue. Miller Industries is also a major player in the field of environmental technology. The company produces tow trucks with hybrid and electric drives and has taken a pioneering role in this area. The company has also developed a range of products specifically tailored to the needs of environmental and waste management companies. In recent times, Miller Industries has also announced a series of acquisitions and partnerships aimed at further strengthening and expanding the company. This includes the acquisition of TruBilt, a manufacturer of heavy-duty trucks and rollbacks. The company has also announced a partnership with BAE Systems to develop and produce hybrid drives for tow trucks. In summary, Miller Industries is a leading manufacturer of tow trucks and specialized vehicles that focuses on the needs of its customers. The company has a long tradition of working with government and military organizations and is also a leader in areas such as environmental technology and hybrid-electric drives. Miller Industries is committed to developing innovative solutions that meet the needs of its customers and strives to maintain and expand its position as a market leader. Miller Industries is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Miller Industries stock

How much dividend does Miller Industries pay?

Over the past 12 months, Miller Industries paid a dividend of 0.72 USD . This corresponds to a dividend yield of about 1.26 %. For the coming 12 months, Miller Industries is expected to pay a dividend of 0.75 USD.

What is the dividend yield of Miller Industries?

The current dividend yield of Miller Industries is 1.26 %.

When does Miller Industries pay dividends?

Miller Industries pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Miller Industries?

Miller Industries paid dividends every year for the past 17 years.

What is the dividend of Miller Industries?

For the upcoming 12 months, dividends amounting to 0.75 USD are expected. This corresponds to a dividend yield of 1.31 %.

In which sector is Miller Industries located?

Miller Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Miller Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Miller Industries from 9/16/2024 amounting to 0.19 USD, you needed to have the stock in your portfolio before the ex-date on 9/9/2024.

When did Miller Industries pay the last dividend?

The last dividend was paid out on 9/16/2024.

What was the dividend of Miller Industries in the year 2023?

In the year 2023, Miller Industries distributed 0.72 USD as dividends.

In which currency does Miller Industries pay out the dividend?

The dividends of Miller Industries are distributed in USD.

Andere Kennzahlen von Miller Industries

Our stock analysis for Miller Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Miller Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.